Tag: business development bank of canada
H|T: The Healthtech Times – SmileDirectClub shuts down shortly after declaring bankruptcy
Plus: The silly things women’s health entrepreneurs hear from male VCs. The Healthtech Times is a weekly newsletter covering healthtech news from Canada and…
A|I: The AI Times – Critics skewer Fed’s AI consultations, Cohere co-founder wants to keep it simple
Startup founded by ex-Google Search team nears $2 billion valuation. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big…
S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans
Plus: Vistara Growth Fund V sets target on enterprise software companies. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada…
F|T: The FinTech Times – Synctera and Monarch Money seek to fill Canadian finance gaps
Plus: Block rival SumUp defies FinTech funding slump with $307 million cash injection. Welcome to the FinTech Times, a weekly newsletter covering the biggest…
Anticipated innovation hub Ax-C to open on former trading floor of Montréal Exchange
Backed with $48 million, Ax-C secures its location as another Montréal hub struggles. The former trading floor of the Montréal Exchange in Place Victoria…
Vive Crop Protection adds $11.2 million CAD extension to Series C to improve efficiency of agricultural chemicals
Vive recently made its fungicide available in Canada to help combat potato crop diseases. Vive Crop Protection has raised $11.2 million CAD ($8.4 million…
2021 VC boom in Canada was short-lived as market resets to pre-pandemic levels
Canada saw 12 VC-backed company IPOs in 2021; in 2022, that shrunk to zero. The 2021 venture capital (VC) funding party was short-lived, according…
Inflation blamed for decline in mental health of Canadian founders in the last year
BDC report maps impact of the economic downturn on entrepreneurs’ mental health. The Business Development Bank of Canada (BDC) has published a report that…
BDC launches $150 million Sustainability fund in revamp of Industrial, Clean and Energy Technology Venture Fund
The Sustainability Venture Fund is set to complement BDC’s $400 million Climate Tech Fund. BDC Capital has launched a new, $150 million CAD venture…
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions. Citing the importance of reducing greenhouse gas (GHG) emissions, the Business Development Bank of…